Data for financial year ending 30 September 2016

Contact details

Tel: 02031975461

Public address

Miss Stacey Kalita, Crossrail Ltd, 25 Canada Square, London, E14 5LQ

Aims & activities

The Charity will fund the commissioning, creation, installation and maintenance of works of art at the central Crossrail stations. The aim of this project is to work closely with Crossrail Limited to link the new Crossrail stations to their local area, and to create inspirational spaces, contributing to the cultural vibrancy of the community served by Crossrail.

What the charity does

Arts/culture/heritage/science

Who the charity helps

The general public/mankind

How the charity works

Provides buildings/facilities/open space
Other charitable activities

£4.4M

£980.0K

Assets and liabilities

£0.0KOwn use assets

£0.0KLong term investments

£0.0KDefined benefit pension scheme asset or liability

£4.4MOther assets

£576.2KTotal liabilities

Charitable spending ratios

What are charitable spending ratios?

Ratios have to be put in context. They should be read in conjunction with the charity’s financial statements
on which they’re based if they are to be interpreted correctly and sound conclusions drawn.
For example the accounting rules affect what can be classed as income or expenditure.
Where a charity which purchases land to further its objects the accounting rules do not permit including the purchase cost
as charitable spending in its accounts. Instead it is ‘capitalised’ and shown on the balance sheet.
Similarly a charity that receives an endowment it can’t spend may have a lower percentage of charitable spending as
a proportion of income in the year of receipt as compared to the previous year as a result. Ratios may also be affected by the way a
charity operates. For example, a charity which primarily generates income from investments may have lower cost of raising funds than
one which employs fundraisers. A grant-making charity funding other charities to undertake an activity will have much lower staffing
costs compared to a charity employing staff to perform that activity.

22%Charitable spending

Charitable spending (including governance costs) as a percentage of income and endowments received by the charity in the reporting period. Does not include planned future spending.

0%Income generation

Costs incurred in generating income as a proportion of total income and endowments received in the reporting period. May include spending to secure future funding.